For the sixth time, international academics and practitioners met for a successful credit risk conference. Keynote … speeches and academic sessions highlighted current developments and necessary improvements in areas such as fintech, regulation …, credit ratings and risk analysis. Digitization also leaves its mark in this area and requires, to varying degrees, a …

at a certain (potentially distorted) price. Regulation is found to induce the risk-neutral bank to behave in a more risk … interaction between capital adequacy regulation and credit risk transfer with credit default swaps (CDS) including its effect on … lending behavior and risk sensitivity of a risk-neutral bank. CDS contracts may be used to hedge a bank's credit risk exposure …

The development of the Basel III leverage ratio does not consider the different risk characteristics of bank business … models. All banks have to achieve the same requirements even if a high-risk business model is chosen. For that reason …, leverage ratios which are adjusted to the risk-profile of retail, wholesale, and trading banks are developed. Based on Value-at-Risk …

from 1999 to 2014. We estimate cost functions with and without proxies for regulation and analyze the results with respect … to period, bank size, and group affiliation. Our results show that regulatory costs were peaking in 2001, 2008, and … lately since 2012. Most interesting, however, is the asymmetry of regulation: Whereas the cost effects were symmetric for all …